DATA AND CYBER SECURITY FOR SMEs

STEPS TO CYBER SECURITY

MANAGEMENT

Sources: https://www.gov.uk/government/news/cyber-security-myths-putting-a-third-of-sme-revenue-at-risk

https://www.cyberstreetwise.com/blog/your-business-falling-any-cyber-security-%E2%80%98myths%E2%80%99

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/521465/Cyber_Security_Breaches_Survey_2016_main_report_FINAL.pdf

https://www.theguardian.com/small-business-network/2016/feb/08/huge-rise-hack-attacks-cyber-criminals-target-small-businesses

of small organisations reported a security breach in 2015,

up 60% from 2014

of all businesses have formal written cyber security

policies in place

The worst security

breaches can cost SME’s between

of SMEs don’t consider their business to be vulnerable

74%

29% £75,000

£310,000

66%

To download a copy of the IIRSM Practical Guide to Cyber Security developed in collaboration with

Zurich or for further information on risk management, please visit http://www.iirsm.org

only

STEP A:Assess the risk to

your business

STEP E:Begin putting the measures in place

STEP B: Document your policies and procedures to clearly state how you will manage data security and cyber risks

STEP D: With a clear view of the risks you can begin to choose the security measures that are appropriate for your needs

STEP C: Consider how valuable, sensitive or confidential the information is

and what damage or distress could be caused to individuals if there was a security breach